The two Silicon Valley tech giants Cisco and Apple have settled their dispute over the "IPone" name after six weeks of legal battle.
According to Gene Munster, senior research analyst with investment bank Piper Jaffray & Co, Apple might have paid Cisco between $25 million and $50 million for rights to the name.
However, both company are not talking much about the deal but some are talking about possible partnership between the two tech giants in the near future.
Analysts said the deal was likely a longer-term strategy by both companies to reinforce their competitive positions in the fight to deliver digital content -- particularly video -- directly into consumers' homes.
The settelment gave the right for both companies to use the name "IPhone."
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